US Debt Compared To GDP

This is a downright scary graph. It took the economy 20 years to recover from the Great Depression. At that time we were the largest creditor nation in the world. Today our debt is much greater and we are the largest debtor nation in the world.

I don't see how anyone can think we are coming out of this thing anytime soon.

Bottom line: Those who fail to learn from history are doomed to repeat its mistakes. Flee from paper assets and buy gold. When the house of cards falls, gold will be the only money. Then you can brag to your friends that you bought it at $900/ounce.